American Community Bank (NY)


Overview / Commentary
516-609-2900
300 Glen Street
Glen Cove, NY 11542

American Community Bank (NY) is headquartered in Glen Cove and is the 103rd largest bank in the state of New York. It is also the 2,766th largest bank in the nation. It was established in 2000 and as of December of 2020, it had grown to 35 employees at 5 locations. American Community Bank (NY) has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #35033
Year Established2000
Employees35
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD4.74%
Annual Interest Income$9.3MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$238.0MM$217.6MM
LoansQ4 2020vs Q4 2019$195.6MM$164.7MM
DepositsQ4 2020vs Q4 2019$192.6MM$186.2MM
Equity CapitalQ4 2020vs Q4 2019$29.3MM$28.0MM
Loan Loss AllowanceQ4 2020vs Q4 2019$2.3MM$1.9MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$1.4MM$0
Real Estate OwnedQ4 2020vs Q4 2019$0$0
Rates

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Locations


American Community Bank (NY) Locations
Commack Branch100 Commack RoadCommack, NY 11725
East Northport Branch1968 Jericho TurnpikeEast Northport, NY 11731
American Community Bank300 Glen StreetGlen Cove, NY 11542
Mineola Branch285 Jericho TurnpikeMineola, NY 11501
Hillside Avenue Branch Office799 Hillside AvenueNew Hyde Park, NY 11040

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